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Main Street Macro

ADP chief economist Dr. Nela Richardson gives her take on what’s happening in the labor market and the broader economy. 

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A large blue upward-pointing arrow on the left and a large red downward-pointing arrow on the right are formed by hundreds of small human figures standing together.

Education and health services led the slowdown.

October 27, 2026

Consumers have been the most consistent bright spot of the pandemic recovery. Government spending is one big reason why.

February 28, 2022

Whether it’s a snowy winter or a summer day, a lot of folks have favorite times of year. The job market, too, is subject to seasonal change.

February 22, 2022

Whether you started the week with the Super Bowl or Valentine’s Day – or both - chances are that restaurant food was a big part of your plans.

February 14, 2022

November and December were much better for job seekers than previously reported. With hiring up, let’s take a look at a key structure of the job market.

February 7, 2022

Running a small business is not for the faint of heart, especially as the economy continues to swerve, pivot, and switch gears at a dizzying clip.

January 31, 2022

It’s been called the Great Resignation, the Great Reshuffle, and the Great Reassessment. But for some workers, things don’t feel so great.

January 24, 2022

Let's look at the drivers of inflation and how they’re putting the U.S. economy in a precarious position.

January 18, 2022

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Nela Richardson, Ph.D.

Chief Economist, ESG Officer, and head of ADP Research

Dr. Nela Richardson is chief economist and ESG officer for ADP Inc. She also leads the independent team at ADP Research, which provides reliable and timely data-driven discovery for use by the public, business leaders, and policymakers. 

About Nela